The Board of Pacific Alliance Asia Opportunities has been worried about the fund becoming too small and believes a large number of shareholders want to swap their investment for one in the underlying feeder fund through which the fund invests. It is proposing therefore that the closed-end fund be wound up. they have called an EGM for 26 August 2015 and, if the proposal is approved, the company will de-list on 4 September and the final liquidation meeting will be on 18 January 2016.
UPDATE 26/8
Shareholders approved the proposal
PAX : Pacific Alliance Asia Opportunities proposes liquidation